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Traders Recap: CenturyLink, Inc. (CTL), The Mosaic Company (MOS), MetLife, Inc. (MET)

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CenturyLink, Inc. (CTL) failed to extend gains with the stock declining -0.38% or $-0.1 to close the day at $25.96 on higher than average trading volume of 4.94M shares, compared to its three month average trading volume of 11.18M. The Monroe Louisiana 71203 based company has been outperforming the telecom services – domestic companies by -6.1874% for last three months and its recent losses have trimmed gains to 9.17% YTD, versus the telecom services – domestic industry which is down -1.8% for the same period. The RSI of 65.17 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

CenturyLink, Inc. provides various communications services to residential, business, wholesale, and governmental customers in the United States. It operates through two segments, Business and Consumer. The company offers high-speed Internet services, which allow customers to connect to the Internet through their existing telephone lines or fiber-optic cables; multi-protocol label switching, a data networking technology to support real-time voice and video; and private line services for the transmission of data between sites. It also provides Ethernet services, including point-to-point and multi-point equipment configurations that facilitate data transmissions across metropolitan areas and wide area networks (WAN); colocation services that enable its customers to install their own information technology (IT) equipment; and managed hosting services comprising cloud and traditional computing, application management, back-up, storage, and other services. In addition, the company offers video entertainment services and satellite digital television; Voice over Internet Protocol, a real-time, two-way voice communication service; and managed services that consist of network, hosting, cloud, and IT services. Further, it provides local calling, long-distance voice, integrated services digital network, WAN, and switched access services; and data integration, which includes the sale of telecommunications equipment and providing network management, installation, and maintenance of data equipment, and the building of proprietary fiber-optic broadband networks. Additionally, the company leases and subleases space in its office buildings, warehouses, and other properties. As of December 31, 2015, it served approximately 6 million high-speed Internet subscribers and 285 thousand television subscribers; and operated 59 data centers in North America, Europe, and Asia. CenturyLink, Inc. was founded in 1968 and is headquartered in Monroe, Louisiana.

The Mosaic Company (MOS) had a light trading with around 4.89M shares changing hands compared to its three month average trading volume of 5.11M. The stock traded between $31.12 and $31.99 before closing at the price of $31.42 with -1.32% change on the day. The Plymouth Minnesota 55441 based company is currently trading 48.6% above its 52 week low of $22.02 and -7.56% below its 52 week high of $33.99. Both the RSI indicator and target price of 55.75 and $27.26 respectively, lead us to believe that it should be put on hold over the coming weeks.

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients primarily for the agricultural industry worldwide. The company operates through three segments: Phosphates, Potash, and International Distribution. It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names. The company also produces and sells potash for use in the manufacturing of mixed crop nutrients and animal feed ingredients, and for industrial use; and for use in the de-icing and as a water softener regenerant, as well as fluorosilicic acid for water fluoridation. In addition, it provides nitrogen-based crop nutrients and animal feed ingredients, and other ancillary services; and purchases and sells phosphates, potash, and nitrogen products. The company sells its products to wholesale distributors, retail chains, cooperatives, independent retailers, and national accounts. The Mosaic Company was founded in 2004 and is headquartered in Plymouth, Minnesota.

MetLife, Inc. (MET) traded within a range of $55.37 to $55.94 after opening the day at $55.77. The company has seen its stock increase in value by 3.19% so far this year. The stock was down close to -0.75% on light volume in last trading session and closed at $55.61 per share. After the recent fall, the stock is currently holding -4.27% below its 52 week high of $58.09 and 63.24% above its 12-month low of $35. The shares are up by over 19.6% in the last three months, and the RSI indicator value of 58.54 is neither bullish nor bearish, tempting investors to stay on the sidelines.

MetLife, Inc. provides life insurance, annuities, employee benefits, and asset management products in the United States, Japan, Latin America, Asia, Europe, and the Middle East. It operates in six segments: Retail; Group, Voluntary & Worksite Benefits; Corporate Benefit Funding; Latin America; Asia; and Europe, the Middle East and Africa. The company provides variable, universal, term, and whole life products; individual disability income products; personal lines property and casualty insurance, including private passenger automobile, homeowners, and personal excess liability insurance; and variable and fixed annuities for asset accumulation and distribution needs, as well as mutual funds and other securities products. It also offers group insurance products, such as variable, universal, and term life products; dental, group short- and long-term disability, and accidental death and dismemberment coverages; and voluntary and worksite products consisting of personal lines property and casualty insurance, as well as LTC, prepaid legal plans, and critical illness products. In addition, the company provides annuity and investment products comprising guaranteed interest products and other stable value products, income annuities, and separate account contracts for the investment management of defined benefit and defined contribution plan assets; and structured settlements and products to fund postretirement benefits and company-, bank- or trust-owned life insurance, as well as health insurance, group medical, credit insurance, endowment, retirement, and savings products. It serves individuals and corporations, as well as other institutions and their employees. The company sells its products through sales forces, third-party organizations, independent agents, and property and casualty specialists, as well as through career agency, bancassurance, direct marketing, brokerage, and e-commerce channels. MetLife, Inc. was founded in 1863 and is based in New York, New York.

 

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